Common use of KBS Clause in Contracts

KBS. KBS shall contribute to the capital of the Company, in cash, an aggregate amount equal to 90% of the initial equity necessary to capitalize the Company, which is equal to $__________. KBS will fund all of its required initial capital prior to or at the Property Closing.

KBS. KBS shall contribute to the capital of the Company, in cash, an aggregate amount equal to 90% of the initial equity necessary to capitalize the Company, which is equal to $__________180,000.00. KBS will fund all of its required initial capital prior to or at the Property Closing.